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What type of pattern is AB=CD?
Look at the chart: There are two areas of price action highlighted and labeled 1 and 2. Which of them contains the correct AB=CD pattern as described by this strategy?
You have identified the AB=CD pattern, as illustrated. Of the three entry points labeled, which is the most suitable according to this strategy?
You have entered a short trade according to the rules of the AB=CD strategy at 1 (orange)
Which of the labeled stop loss positions is correct?
You have entered a trade at 1(orange)
Out of the following profit target placements, which one is inline with the rules of the strategy.